Business

Flow Jamaica office in Kingston.
Business

Flow Jamaica’s $16.1b quarterly revenue still trails pre-Melissa levels

Flow Jamaica booked US$101.8 million (J$16.1 billion) in revenue during the third-quarter ending September, down 5.6 per cent from US$107.8 million a year earlier, as the telecom operator continued to trade below Hurricane Melissa levels. That said, the company sought ways to offset inflation locally and across select countries in the region.

5 hours ago 0
Minister of Agriculture, Fisheries and MiningFloyd Green.
06 Nov, 2026 0

Jamalco divestment resurfaces after six years, with 30-day strategy deadline

The newly created Ministry of Mining and Geology has 30 days to deliver a plan for divesting the Government’s 45 per cent stake in the alumina plant Jamalco – six years after such plans were last…
06 Nov, 2026 0

Christie’s Int’l Real Estate registers in MoBay as luxury market expands

The name of luxury brokerage Christie’s International Real Estate has appeared a second time on Jamaica’s company register – this time as a business registered in Montego Bay, according to filing made…
Business
06 Nov, 2026 0

Caribbean closes gap on Africa at Rubis amid oil price spikes

Rubis, the French energy distributor, expects recovery and growth in the Caribbean to drive its performance through the rest of the year, even as Africa edges past the region on margin. The Caribbean…
Business
06 Nov, 2026 0

Dolla wrote off nearly half the Evolve loan book

Dolla Financial Services Ltd wrote off nearly half the value of the loan portfolio it acquired from Supreme Ventures Ltd’s microfinance subsidiary on the day the deal closed, newly published accounts…
Nigel Davy, chairman of Innovative Energy Group Ltd.
06 Nov, 2026 0

IEG revenue jumps 70%, but profit falls as project costs bite

Innovative Energy Group’s (IEG) revenue rose 70 per cent in its latest quarter as Jamaican homeowners bought more solar power systems, but the renewable energy company’s profit fell as the cost of…
Oran Hall
06 Nov, 2026 0

Oran A Hall | Personal financial allies

A financial ally is a person or institution that helps people to make informed decisions, protect what is important, and stabilise or rebuild after a shock. The ally equips and empowers, not decides,…
AP A sign stands over a Wendy’s restaurant, February 25, 2021, in Des Moines, Iowa.
06 Nov, 2026 0

Wendy’s rejects buyout bid, girds itself for hostile takeover campaign

Wendy’s rejected a US$1.4 billion buyout offer from an activist investor, saying Thursday that the bid was too low and didn’t take into account the company’s long-term earnings potential under its new…
AP Traders Drew Cohen (left) and Dylan Halvorsan on the floor of the New York Stock Exchange in January.
06 Nov, 2026 0

A wipeout for AI stocks sends Wall Street reeling, S&P 500 tumbles more than 3%

Another wipeout for stocks tied to the buildout of AI data centres overwhelmed Wall Street on Thursday and more than erased all its gains from the day before, which was its best in three months. The…
AP A sign stands in front of a new home construction site in Deerfield, Illinois, on Wednesday, October 14, 2026.
06 Nov, 2026 0

Average US 30-year mortgage rate falls to 7.18% this week, its third straight decline

The average long-term US mortgage rate fell for the third straight week, offering some relief to prospective home buyers facing higher home prices. The average 30-year fixed-rate mortgage in the US…